WASHINGTON The raging bonus battle escalated into a nuclear war yesterday as furious House lawmakers set a vote today to tax the hell out of employee bonuses at AIG and other big firms getting bailout ...

Gerry Pasciucco stared out from his office on midtown Manhattan's 48th Street, weighing the riskiest trade of his life. Over a 26-year career, he had risen to managing director at investment bank ...

Months after the fury surrounding AIG's more than $180 billion government bailout reached fever pitch, there are still a lot of unanswered questions surrounding the insurance giant's messy deals that ...

Gregory Gethard has 18+ years of experience as a reporter, writer, and editor. He shares his knowledge via a combo of commentary and stand-up comedy. Amilcar has 10 years of FinTech, blockchain, and ...

The company’s 2007 10-K filing (annual report), released on 2/28/08, is the key to unraveling the mystery: During the fourth quarter of 2007, certain of AIGFP’s available for sale investments in super ...

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A $5 million Connecticut mansion. A $4 million London townhouse. A $7 million English estate. The houses are owned by three men CBS News has learned are now the subjects of a Justice Department ...

A subsidiary of insurer American International Group Inc. filed for Chapter 11 bankruptcy Tuesday, a move panned by a group of former executives suing the insurer. AIG Financial Products Corp. made ...

WASHINGTON -- The Obama administration plans to order companies that received huge government bailouts last year, including Wilton-based AIG Financial Products, to sharply cut the compensation of ...

Former AIG CEO says taxpayers can expect only "pennies on the dollar." April 2, 2009 -- Maurice "Hank" Greenberg, the former CEO of AIG, told Congress today that if the struggling insurance giant had ...

AIG's near-collapse in 2008 was triggered by risky bets on collateralized debt obligations and credit default swaps. The U.S. government bailed out AIG with a package reaching up to $150 billion, ...